
Cheap Homes for Rent in Broad Ripple Neighborhood of Indianapolis, IN from $2,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Broad Ripple area of Indianapolis.


6134 Hillside Ave

6147 Indianola Avenue, Unit 1
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

6721 Riverfront Ave, Unit Main

6562 Reserve Dr

929 Junction Pl
Broad Ripple - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!
Broad Ripple, Indianapolis, IN Local Guide

How much does it cost to rent a home in Broad Ripple?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Broad Ripple 2 Bedroom Homes for Rent | $2,400 | $2,100 | $2,700 |
Broad Ripple 3 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Broad Ripple 4 Bedroom Homes for Rent | $6,500 | $6,500 | $6,500 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Broad Ripple Neighborhood of Indianapolis, IN.
Explore Indianapolis
Cheapest Available Broad Ripple Apartments for Rent
 The cheapest available apartment rental in the Broad Ripple area of Indianapolis, IN is a 1 Bed unit found at Wellington Square Apartments priced from $926. Jade North Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Broad Ripple apartments for rent in Indianapolis, IN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $926 |
Jade North Apartments | Plan G | 1BR,1BA | $950 |
A/62 | LePetit Luxe | 1BR,1BA | $974 |
Best Value Apartments for Rent in Broad Ripple, IN
As of April 19, 2025 the best value apartment in the Broad Ripple area is the $1.19 price per square foot 2 Bed, 2.5 Bath, 2 car Garage Townhome Model at Townes at Winthrop in the in the Warfleigh neighborhood starting from $2,200. The second greatest value Broad Ripple apartment is the 2 Bed/2Ba Den W/D Up Model at Fallwood starting at $1,481 with a $1.14 price per square foot in the United Northeast neighborhood. Here is today’s list of the best values for Broad Ripple apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Townes at Winthrop | 2 Bed, 2.5 Bath, 2 car Garage Townhome | 2BR,2.5BA | $1.19 |
Fallwood | 2 Bed/2Ba Den W/D Up | 2BR,2BA | $1.14 |
Everly at Meridian Hills | Iris | 2BR,1BA | $1.15 |
Solana Apartments | Brook | 2BR,2BA | $1.37 |
Edison at Meridian Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.43 |
Edgewater Apartments | 2 Bedroom | 2BR,2BA | $1.47 |
A/62 | DuMonde | 2BR,1BA | $1.51 |
Jade North Apartments | Plan G | 1BR,1BA | $1.29 |
Chateau in the Woods | 1 Bd/1 Ba Sm ABY | 1BR,1BA | $1.47 |
Wellington Square Apartments | 1BR/1BA | 1BR,1BA | $1.35 |
Frequently Asked Questions about Broad Ripple
What type of rentals are currently available in Broad Ripple?
There are currently 43 Apartments for Rent in Broad Ripple, IN with pricing that ranges from $775 to $5,271. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Broad Ripple ranging from $2,100 to $6,500.
What is the current price range for Rental Homes in Broad Ripple?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Broad Ripple ranges from $2,100 to $6,500 with an average monthly rent of $3,766.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Indianapolis
Written by: Wendy Melton
Indianapolis is not only the state capital of Indiana, it’s also a shining example of what Midwestern living is all about. I’m Wendy, your ApartmentHomeLiving.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.